TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support level at 0.3374 is expected.

Caution: A possible change in the direction of the resistance zone at 0.3461 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.3461 – 0.342 – 0.3417 – 0.3374 – 0.3387 – 0.3362 —
0.345300000 – 0.345400000 —
67.624484819337 – 55.670251986399 —
– —
0.3461 – 1778007600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Matching Low – – –